If the price holds above the green support zone at $3.8597 - $4.0657, it indicates strength and opens the possibility of a rally to $6. However, falling below this support zone green would signal a breakdown, invalidating the current structure. This level acts as a crucial support for market direction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.